2208 Arlington Ave Columbus, OH 43221

This exceptional 9-unit apartment building, located at 2208 Arlington Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1928 and extensively renovated in 2023, this fee-simple property boasts 13,152 square feet of net rentable space across three stories. Situated on a 0.47-acre lot, the property is zoned for commercial use and features a desirable unit mix of one- and three-bedroom apartments, catering to a broad range of tenants. The building's strong occupancy rates and consistent cash flow are further enhanced by the potential for rent growth in this thriving submarket. An assumable loan with a 3.75% interest rate (variable rate adjusting in 2026) and a maturity date in 2031 is available, offering significant cost savings and enhanced cash flow for the buyer. Recent capital improvements minimize near-term capital expenditure requirements, making this a turnkey asset with minimal operational risk. The property's location in a desirable area with high-income demographics and strong rental demand ensures long-term investment stability and potential for value appreciation. The property's APN is 070-0014511-00. This is a stabilized multifamily investment ideal for adding to a diversified real estate portfolio.